Restaurateurs | To Go Debt Free, or Not to Go Debt Free?

Steve O'ConnorBusiness Plans, Cashflow, Funding Options, Restaurant, Small Business Financing, Small Business TrendsLeave a Comment

Large Debt Free text.

Some restaurants are going debt-free, but does that make sense for your business? Although some debt is decidedly “bad debt,” other investments can help accelerate your restaurant’s growth. Careful consideration of debt options is essential; read on for questions you can ask for a quick debt self-evaluation.

Small Businesses Adding Jobs as Economy Strengthens: Time to Consider a Merchant Capital Advance?

Steve O'Connor2014 Trends, Capital Advance, Card Processing, Funding Options, Merchant Cash AdvanceLeave a Comment

U.S. job growth showed strong, positive signs as 2013 drew to a close, indicating that small business owners are more confident in economic recovery. Is your small business prepared financially for growth in 2014? Will you be able to add jobs along with the rest of the small business service sector?

Serve Up a Great Meal and a Strong Financial Plan

Steve O'ConnorBusiness Plans, Capital Advance, Cashflow, Funding Options, Restaurant, Small Business FinancingLeave a Comment

In September 2013, QSR wrote, “in the quick-service industry, the path to success is straightforward: offering good-tasting, quality food prepared quickly in a clean and courteous environment.” That seems clear enough; quick-service and fast-casual restaurants got into business with this objective at the top of their lists.

Government Shutdown Means Access to SBA Loans Limited

Steve O'ConnorCapital Advance, Funding Options, Merchant Cash Advance, Small Business FinancingLeave a Comment

When the Federal government shut down on October 1, 2013, “non-essential federal employees” were furloughed—meaning they could not go in to work. And while many Americans don’t necessarily feel that effect on a day-to-day basis, small business owners who were considering SBA loans will definitely see the impact.